New York, Feb 23, 2026, 05:54 EST — Premarket

• IREN slipped in early premarket moves, extending Friday’s steep drop.
• Bitcoin slipped, with traders digesting renewed uncertainty around U.S. tariffs and another shaky session for risk assets.
• Traders eye Nvidia’s earnings set for Wednesday, while IREN’s MSCI USA Index addition lands Friday.

IREN Ltd (IREN.O) slipped 0.9% to $39.60 ahead of Monday’s open. On Friday, the stock dropped 7.7%, moving between $39.53 and $44.32, with some 41.3 million shares changing hands. (Public)

IREN’s proving to be a quick proxy for two jittery corners of the market: crypto and the AI-powered data center trade. Investors have revived “sell America” bets, spooked by…